Prioritizing base segments of the population, especially lower-income communities, pensioners from strata 1,2 and 3 and those who have been excluded from the financial system are some of the axes of the Ban100 bank.
Héctor Chávez, president of Ban100, which until the beginning of 2023 was called Banco Credifinanciera, spoke with Portafolio.
Read: Ban100 returns to the capital market with securitization for $48,000 million
What is the balance of Ban100 during 2025?
We have made progress in consolidating our business model focused on promoting the financial inclusion of a segment of the population historically excluded from the financial system: pensioners from strata 1, 2 and 3.
In the country, only 1 in 4 older adults receives a pension, and of these, more than 70% survive on incomes between one and two minimum wages. Many must continue working to support their families or generate income on their own or informally.. Added to this reality is growing exclusion from the labor market and the formal financial system.
Ban100 has shown that credit can be a transformative tool when it is adapted to people’s realities. Our release offer offers second opportunities with accessible conditions: maximum access age higher than that usually required, support from the FGA, long terms and personalized attention.
We continue to strengthen our release credit origination strategy, prioritizing clients who have traditionally been outside the target market of conventional banking. This year we have registered $837,556 million in disbursements with a growth of 28.1%.
Héctor Chávez, president of Ban100.
Courtesy
As of September, we estimate profits of over $13,000 million, which confirms the solidity of the business model based on specialization and knowledge of the base segment of the pyramid, with a focus on the Silver Economy.
How much is the portfolio?
As of September, the total portfolio reached $2.3 trillion, of which 95% is outstanding. This has allowed us to maintain an excellent non-performing loan (ICV) performance of 1.78%, one of the best in the financial system. As of December 2024 it was 2.40%. It is down 62 basis points.
What new products do you have?
Our risk policies have been adapted to different realities to transform lives in accordance with a financially sustainable business model.
How many clients do you have?
At the end of September we had more than 164,000 customers in all products; 94% of our payroll clients are pensioners, with a special focus on the silver economy, of which 80% receive between one and two minimum wages. Likewise, 85% belong to strata 1, 2 and 3, and 45% are women. We have achieved a notable regional presence, reaching more than 1,007 municipalities and 61% of clients live outside the main capitals, which demonstrates our reach in remote regions and municipalities and achieving national coverage of 92%. 95% of our credits are digital.
What emissions are they going to place?
After being the first Bank to securitize drafts, we continue to ratify our leadership in this market with five issues and accumulated placements for $658,000 million. Progress in this strategy guarantees the Bank’s sustainable expansion and we project to reach a potential of more than COP $1.2 trillion in future emissions.
Holman Rodríguez Martínez
Portfolio Editorial
